AIA Group Ltd Has $1.35 Million Stake in FedEx Corporation $FDX

AIA Group Ltd lifted its position in shares of FedEx Corporation (NYSE:FDX) by 151.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,733 shares of the shipping service provider’s stock after buying an additional 3,455 shares during the period. AIA Group Ltd’s holdings in FedEx were worth $1,352,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FDX. New York State Teachers Retirement System lifted its position in FedEx by 2.3% during the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock worth $48,831,000 after buying an additional 4,734 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of FedEx by 11.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider’s stock worth $8,243,000 after buying an additional 3,514 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of FedEx by 10.6% in the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock valued at $11,419,000 after acquiring an additional 4,634 shares in the last quarter. Savant Capital LLC increased its position in shares of FedEx by 32.5% in the third quarter. Savant Capital LLC now owns 40,019 shares of the shipping service provider’s stock valued at $9,437,000 after acquiring an additional 9,806 shares during the last quarter. Finally, Pacer Advisors Inc. increased its position in shares of FedEx by 34.9% in the third quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock valued at $5,679,000 after acquiring an additional 6,234 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Stock Up 0.7%

Shares of NYSE FDX opened at $358.44 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The firm has a market cap of $84.28 billion, a PE ratio of 19.08, a P/E/G ratio of 1.69 and a beta of 1.29. The company’s fifty day simple moving average is $351.21 and its 200 day simple moving average is $290.82. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $392.86.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 17.03%. The firm had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. During the same period in the previous year, the firm posted $4.51 earnings per share. The business’s revenue was up 8.3% compared to the same quarter last year. As a group, sell-side analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, March 9th. FedEx’s payout ratio is presently 31.97%.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

Analysts Set New Price Targets

Several brokerages recently commented on FDX. Barclays increased their price target on FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Citigroup upped their price objective on FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. The Goldman Sachs Group increased their price objective on FedEx from $364.00 to $369.00 and gave the company a “buy” rating in a report on Friday, March 13th. Wall Street Zen cut shares of FedEx from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 14th. Finally, Argus boosted their target price on shares of FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, FedEx has an average rating of “Moderate Buy” and an average target price of $393.85.

FedEx Profile

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.